• 제목/요약/키워드: information and communication technology investment

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Impact of ICT Investment on Agricultural Sector: Analysis of Korean Corporations Based on IT Portfolio Framework

  • Lee, Dongmin;Kang, Chunghan;Moon, Junghoon;Rhee, Cheul
    • Agribusiness and Information Management
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    • v.8 no.2
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    • pp.9-15
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    • 2016
  • In several industries, including the agriculture industry, information and communication technology (ICT) expenditure has been gradually increasing. This study explores the ICT investment of Korean agricultural corporations, and examines the effect of ICT investment on their profitability using an IT portfolio framework. As the organizational capabilities and environment in which ICT is used is critical in examining its impact, the IT-savvy level is used as a moderator. An increase in ICT investment size results in a significantly positive effect on profitability in organizations with higher IT-savvy levels, whereas there is no effect in organizations with lower IT-savvy levels. This study shows the necessity of understanding the structure of ICT investments in the agriculture industry, and suggests the importance of organizational capabilities and environment in making best use of ICT.

A Research for the Setup of Evaluation Standards and the Decision of an Investment Priority of Information and Communication Enterprises of the Government (정보화 투자사업의 평가기준 설정 및 우선순위 결정에 관한 연구)

  • Song, Aeu-Guen;Kim, Sung-Eon
    • The Journal of Information Systems
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    • v.16 no.3
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    • pp.91-108
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    • 2007
  • To decide a reasonable investment priority of public enterprises, it is required to have an efficient evaluation standard. However, without having a standard, a budget for those enterprises has been allocated. In this research, for the efficient and reasonable budget allocation, it is discussed how to decide investment priority of information and communication enterprises of the government. In order to examine possible alternatives of the investment priority of information and communication enterprises of the government, seventeen enterprises were chosen from the enterprises of Ministry of Information and Communication. Public benefit, economic benefit, technology, politics, and step-up increase of budget were set up as evaluation standards and 16 specific standards were set up as subordinates. A hierarchical decision model was designed and analyzed by using AHP.

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The Evaluation on The Effect of Communication and Shared Knowledge Between IS and Line Organizations to IS Performance (IS 조직과 라인 조직간의 의사소통 및 공유지식이 IS 성과에 미치는 영향에 관한 연구)

  • Kym, Hyo-Gun;Pyo, Jie-Hyun;Choi, In-Young
    • Asia pacific journal of information systems
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    • v.13 no.1
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    • pp.197-211
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    • 2003
  • Intensified competition, splintered mass market, shortened product life cycles, and advanced technology and automation let companies to crease the IT investment to meet the changes, Although IT investment increased, IS didn't show the visible outcome. One of the major interest of IS managers is how to demonstrate the business value of the firm's investment in information technology. This paper proposes the revised model of Nelson & Cooprider(1990) regarding shared knowledge between IS and line groups. Knowledge can be shared through mutual trust, mutual influence and communication between these two groups. The revised model including communication is tested empirically using LISREL. The results show that shared knowledge mediated the relationship between IS performance and mutual trust, mutual influence and communication. And shared knowledge between IS and line groups increase IS performance. IS managers should develop mutual trust, mutual influence and communication between these groups to achieve more shared knowledge and higher IS performance.

R&D Trends Monitoring through Scanning Public R&D Investments: The Case of Information & Communication Technology (ICT) in Meteorology and Climatology

  • Heo, Yoseob;Kim, Hyunwoo;Kim, Jungjoon;Kang, Jongseok
    • Asian Journal of Innovation and Policy
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    • v.5 no.3
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    • pp.315-329
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    • 2016
  • Public R&D investment information has diverse implications for researching R&D trends. Also, as it is important for the establishment of R&D policy to grasp the current situation and trends of R&D to improve science and technology level, science and technology information service system, such as NTIS (National Science & Technology Information Service), is operated at a national level in most countries. However, since the data forms provided by current NTIS are raw data, it is necessary to develop the R&D performance indicator or to use additional scientometric methods by analyzing scientific papers or scientific R&D project information for grasping R&D trends or analyzing R&D task results. Thus, this study applied public R&D investment information to investigate and monitor R&D trends in the field of information & communication technology (ICT) of meteorology and climatology by using NTIS data of Korea and NSF (National Science Foundation) data of USA.

The Dynamic Relationship Between FDI, ICT, Trade Openness, and Economic Growth: Evidence from BRICS Countries

  • SOOMRO, Ahmed Nawaz;KUMAR, Jai;KUMARI, Joti
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.295-303
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    • 2022
  • Information and communication technology (ICT) is one of the primary zones that stimulates economic development in today's globalized world. It promotes technological developments in worldwide communication and manufacturing systems, as well as economic growth and development. Many economic activities, such as international trade and foreign direct investment, rely heavily on contemporary information and communications technologies (FDI). The goal of this study is to look at the dynamic relationship between FDI, ICT, trade openness, and economic growth in the context of BRICS countries from 2000 to 2018, with Gross Domestic Product as the dependent variable and Telephone subscriptions, Mobile subscriptions, Broadband subscriptions, Internet subscribers, Secure internet servers, Trade, and Foreign direct investment as the independent variables.Two variables are used as proxies to manage the macroeconomic environment, while five variables are used as proxies for ICT infrastructures. The outcomes of this study are analyzed using Generalized Methods of Movements (GMM). According to this study, ICT has a positive impact on the economic growth of a few countries. Trade openness and foreign direct investment, on the other hand, have a negative impact on economic growth. As growing countries, the BRICS must participate in economic reform and liberalization measures. This report suggests policy proposals for improving ICT standards, focusing especially on economic growth, trade openness, and increasing foreign investment in the BRICS countries.

An Effects of the Distribution Information Technology Application on the Communication strategies and CRM performance (유통정보기술 활용이 커뮤니케이션 전략과 CRM 성과에 미치는 영향)

  • Moon, Jang-sil
    • Journal of Distribution Science
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    • v.8 no.2
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    • pp.13-22
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    • 2010
  • Customer Relationship Management(CRM) paradigm has emerged that suggests organizations will be more successfully if they concentrate on obtaining and maintaining a share of each customer rather than a share of the entire market, with information technology(IT) being the enabling factor. This paper presents five key elements that provide the necessary steps that allow and organization to position its people, business process, and information system to establish and take advantage of this paradigm. The key elements are : (1) IT investment, (2) Website application, (3) IT System application, (4) Communication strategies, (5) CRM Performance. The results show that IT investment, IT system application, and Website application play a vital role in enhancing an Organizational Communication. Also, the results show that IT investment, IT system application, Website application, and Organizational Communication play a vital role in enhancing an organization's performance of customer relationship management. Further, this paper discusses the importance of integrating these four elements for achieving effective customer interaction. The author provides academical and managerial implication for business strategies.

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The effects of ICT infrastructure and investment environment on innovation : Focused on Global Innovation Index (ICT 인프라와 투자 환경이 혁신에 미치는 영향 : 세계혁신지수를 중심으로)

  • Choi, Jin-Yong;Kim, Sang-Yoo
    • The Journal of Information Systems
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    • v.29 no.3
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    • pp.159-178
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    • 2020
  • Purpose The purpose of this study is to demonstrate the relationship between ICT(Information & communication technology) infrastructure, investment environment, and innovation performance from a national perspective. Design/methodology/approach We derived 5 hypotheses based on the literature review. To measure each concept, We converted the scores of each country provided by the Global Innovation Index into a 7 Likert scale and performed a regression analysis. Findings According to the empirical analysis result, this study confirmed that knowledge and technology output mediated the relationship between ICT infrastructure and creative goods and services. In addition, this study confirmed that the investment environment has a moderating effect between ICT infrastructure and knowledge and technology output.

A Study on Activation of New Mobile Communication Spectrum in the Environment of Mobile Big Data Traffic (모바일 빅 데이터 트래픽 환경에서 새로운 이동통신 주파수의 활성화 방안 연구)

  • Chung, Woo-Ghee
    • Journal of Satellite, Information and Communications
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    • v.7 no.2
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    • pp.42-46
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    • 2012
  • This paper analyses technical and economical conditions which activate the use of mobile communication spectrum not to limit the growth of mobile broadband service because of mobile big data traffic and proposes the method which activate the use of mobile communication spectrum. To activate new mobile communication spectrum the expenditure and income of investment should be balanced. The activation of new mobile communication spectrum to process mobile big data traffic depends on technical and economical conditions, internal and external factors of service provider. The investment expenditure is relate to CAPEX, OPEX which is internal factors of service provider and to spectrum price which is external factor of service. The investment income is relate to tariff system which is internal factors of service provider and to spectrum neutrality which is external factor of service provider. The activation of new mobile communication spectrum can be implemented when the investment expenditure and investment income meet the balance including the spectrum price in the investment expenditure and the tariff system which is able to extend network and the income based on traffic increase by external contents in the investment income.

The Effect of Investing into Distribution Information and Communication Technologies on Banking Performance the Empirical Evidence from an Emerging Country

  • PHAN, Anh;LU, Chi Huu;HOANG, Lam Xuan;NGUYEN, Phuong Minh
    • Journal of Distribution Science
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    • v.20 no.6
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    • pp.43-56
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    • 2022
  • Purpose: This study aims to investigate the impact of investing into technology development on banking performance in an emerging country. Research design, data and methodology: Based on the data of 12 commercial banks listed in Vietnam from 2011 to 2019 and performing multivariable regression analyses as well as conducting a variety of robustness tests, we carry out the empirical investigation to discover this impact. Results: Our empirical evidence shows that these spending help to improve significantly performance of banks. Particularly, the technology expenditures have positive effect on the net interest margin and the non-interest income in which the level of influence on the latter is relatively remarkable in comparison with the former. At the same time, the result does not support the view that increasingly spending on technology may lead banks to face the risk of instability. Conclusions: Overall, our empirical analysis indicates that increasing investment into distribution information and communication technologies will help to enhance business strategies of banks and thus we advocate the bright side of technology development and digitalization in banking sector. We believe that the research is useful for both managers, regulators and policy makers in Vietnam as well as in countries having similar financial structure.

Relationship of the Big Five Personality Traits and Risk Aversion with Investment Intention of Individual Investors

  • SARWAR, Danish;SARWAR, Bilal;RAZ, Muhammad Asif;KHAN, Hadi Hassan;MUHAMMAD, Noor;AZHAR, Usman;ZAMAN, Nadeem uz;KASI, Mumraiz Khan
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.819-829
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    • 2020
  • This empirical research is aimed at testing the relationship of the big five personality traits namely openness to experience, extraversion, consciousness, agreeableness, neuroticism, and risk aversion with the investment intention of individual investors belonging to Balochistan, Pakistan. The primary data is collected through a self-administered questionnaire (a structured form that consists of a series of closed-ended and open-ended questions) from a sample of 397 active individual investors belonging to different districts of the province. The data is empirically analyzed by applying the Partial Least Square (PLS) path modeling technique by using the estimation package available in Smart-PLS. The findings of this study suggest that all the variables are statistically significant with investors' investment intention with risk aversion as the strongest predictor. Moreover, openness to experience, extraversion, consciousness, agreeableness, and risk are significantly and positively related to an investor's investment intention, whereas neuroticism is negatively related to an investor's investment intention. The results extended by this study can be used by financial planners and investment bankers to channelize the available financial resources in diversified portfolios. The results will help financial planners to make available diverse investment alternatives for investors in Balochistan, thus catering to their unique needs. Academia must offer courses on contemporary finance paradigm based on behavioral finance to enable future business graduates to make wise financial decisions.